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An image of Otlotleng Moshupa, South Africa's winner for the De Beers' jewellery competition
De Beers Group announces 2024 jewellery design competition winners
Updated 1 hour ago By: Tasneem Bulbulia

Diamond miner De Beers Group has announces the winners of the 2024 Shining Light Awards, a jewellery design competition for designers from the countries where De Beers recovers diamonds, including... 


The Zinkgruvan mine in Sweden
Lundin sells two European mines to Boliden
Updated 2 hours 29 minutes ago By: Mariaan Webb

Canada-headquartered Lundin Mining on Monday announced the sale of its Neves-Corvo mine, in Portugal, and Zinkgruvan mine, in Sweden, to miner Boliden for up to $1.52-billion. The transaction... 


Citi chops back copper forecasts as Trump’s trade tariffs loom
Citi chops back copper forecasts as Trump’s trade tariffs loom
Updated 3 hours ago By: Bloomberg

Copper looks set to struggle as extra US trade tariffs from the Trump administration and economic risks in China drag on consumption and prices next year, according to Citigroup. The metal —... 


New Caledonia nickel miner flags ‘fragile’ outlook after restart
New Caledonia nickel miner flags ‘fragile’ outlook after restart
Updated 3 hours ago By: Bloomberg

Nickel miner Prony Resources New Caledonia warned that its Goro mine in the French territory is economically vulnerable after a recent suspension due to unrest, even as the company restarts... 


Seismic event sparks fire, stops operations at Russian coal mine
Updated 3 hours ago By: Reuters

A seismic event sparked a fire and halted operations at the Alardinskaya mine in southwestern Siberia, Russian officials and news agencies said on Monday. Russia's ministry of emergency services... 


Dealmaker Hannam sues Randgold for up to $18m over Barrick merger work
6th December 2024 By: Reuters

Dealmaker Ian Hannam is suing Randgold Resources for up to $18-million he says he is owed for work on its acquisition by Canada's Barrick Gold, telling a London court on Friday that the gold miner... 


Green SmeltDirect uses 70% less electricity.
Thrilling new home-grown technology can win back South Africa’s lost ferroalloy renown
6th December 2024 By: Martin Creamer

New Proudly South African smelting technology, which uses 70% less electricity, cuts costs, slashes carbon emissions and can process low-grade material, has all the attributes needed to win back... 


Ukraine's key coking coal mine still operating as Russians close in
6th December 2024 By: Reuters

A coal mine in the eastern Ukrainian town of Pokrovsk, the sole domestic supplier of coking coal to the steel industry, continues to operate as Russian troops approach, an industry source said on... 


Nornickel's largest investor Interros objects to Rusal lawsuit over dividends
6th December 2024 By: Reuters

Nornickel's largest shareholder Interros said on Thursday it had filed an objection to a London lawsuit brought by fellow shareholder Rusal, alleging that Rusal is attempting to maximise dividends... 


Barrick CEO Mark Bristow
Mali issues arrest warrant for Barrick Gold CEO
6th December 2024 By: Reuters

Mali, one of Africa's biggest gold producers, has issued an arrest warrant for Barrick Gold CEO Mark Bristow, a warrant document seen on Thursday by Reuters showed, escalating a dispute with the... 


Kraftblock co-founder and CEO Dr Martin Schichtel.
Mines urged to fill renewables gaps with green electrons from on-site waste heat
5th December 2024 By: Martin Creamer

Mines using renewable energy are being encouraged to harvest and store heat wasted during minerals processing and to then use its green electrons to close renewables intermittency gaps that come... 


Gold bulls’ ranks swell as Macquarie raises forecasts for 2025
Gold bulls’ ranks swell as Macquarie raises forecasts for 2025
5th December 2024 By: Bloomberg

Gold has scope to push higher next year, likely hitting a record, as the Federal Reserve cuts rates and central banks add bullion to reserves, according to Macquarie Group. The precious metal may... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto CEO disputes activist call to unify listing
5th December 2024 By: Bloomberg

A call for Rio Tinto to abandon its primary London listing doesn’t make economic sense, CEO Jakob Stausholm said after an activist shareholder urged the miner to relocate to Australia. UK hedge... 


Mike Wainwright
Trafigura’s ex-COO defends ‘inspirational’ founder at Swiss bribe trial
5th December 2024 By: Bloomberg

Mike Wainwright, Trafigura Group’s ex-COO who’s on trial in Switzerland accused of corruption, has defended the trading house’s late founder Claude Dauphin as an “inspirational person.” Dauphin, a... 


Employee working at a nickel smelter
$5.4tr investment in mining needed by 2035 to meet new energy demand – report
4th December 2024 By: Darren Parker

A new report published by the Future Minerals Forum states that an estimated $5.4-trillion in investments is required by 2035 to meet the growing demand for key materials in the mining and metals... 


Dr Nombasa Tsengwa.
Exxaro places CEO on precautionary suspension with immediate effect
4th December 2024 By: Martin Creamer

Dr Nombasa Tsengwa, the CEO of Johannesburg Stock Exchange-listed Exxaro Resources, has been placed on precautionary suspension with immediate effect, pending the outcome of an independent... 


Outgoing Harmony Gold CEO Peter Steenkamp.
Green loan underpinning latest Harmony Gold renewable-energy project in North West
4th December 2024 By: Martin Creamer

A R1.5-billion green loan facility secured in 2022 is the significant funding underpin of three solar PV renewable-energy plants being constructed by Harmony Gold at its large Moab Khotsong gold... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto reinforces strategy for diversified growth, targets 1Mt/y of copper
4th December 2024 By: Mariaan Webb

Rio Tinto, one of the world’s largest mining companies, has reaffirmed its goal of producing one-million tonnes a year of copper by the end of the decade, as part of its strategy to become a global... 


France's Orano says it has lost control of uranium mine in Niger
4th December 2024 By: Reuters

French nuclear fuels company Orano said on Wednesday that authorities in Niger have taken control of its Somair uranium mine as the military-led government steps up pressure on foreign investors in... 


Rio Tinto unveils initial resources and reserves for Rincon
4th December 2024 By: Creamer Media Reporter

Diversified mining company Rio Tinto on Wednesday announced initial mineral resources and ore reserves for its Salar del Rincon lithium brine deposits in Argentina. The initial mineral resources... 


Activist investor Palliser urges Rio Tinto to scrap primary London listing
Activist investor Palliser urges Rio Tinto to scrap primary London listing
4th December 2024 By: Reuters

Activist investor Palliser Capital demanded Rio Tinto scrap its primary listing in London and unify its corporate structure in Australia, saying about $50-billion in shareholder value has already... 


Portugal plans to hold delayed lithium tender in 2025
4th December 2024 By: Reuters

Portugal's government plans to launch a long-delayed tender of lithium prospecting licenses in 2025 as it seeks to make the country a top European supplier of critical metals for the green... 


Firms launch physical uranium buying for small investors using blockchain
Firms launch physical uranium buying for small investors using blockchain
4th December 2024 By: Reuters

A blockchain platform and a uranium trading company launched a marketplace on Tuesday to allow small investors to buy physical uranium, hoping to boost spot liquidity in the niche commodity.... 


Akobo’s November production covers costs
3rd December 2024 By: Tasneem Bulbulia

Scandinavia-headquartered and Ethiopia-focused gold exploration and mining company Akobo Minerals produced an estimated 8 kg of gold in November. This includes 6.5 kg of gold already smelted and... 


Lexington Gold identifies encouraging exploration target at Free State project
3rd December 2024 By: Tasneem Bulbulia

Aim-listed Lexington Gold is “encouraged” by the significant exploration target potential identified at its Ventersburg gold project in the Free, State, South Africa, chairperson Ed Nealon says in... 


An image showing the Letšeng mine
Gem Diamonds announces extended life-of-mine plan, revolving credit facilities
3rd December 2024 By: Tasneem Bulbulia

London-listed Gem Diamonds has announced a revised life-of-mine plan for its Letšeng mine, in Lesotho, as well as a two-year extension to the group’s revolving credit facilities.  The revised plan... 


Miner RG Gold is said to consider stake sale to fund growth
3rd December 2024 By: Bloomberg

Kazakhstan miner RG Gold is considering a minority stake sale to help fund the development of projects in the central Asian country, according to people familiar with the situation. RG Gold is... 


Exxaro Financial Director Riaan Koppeschaar.
Global investor sentiment towards South Africa much better in 2024, Exxaro reports
3rd December 2024 By: Martin Creamer

Global investor sentiment towards South Africa improved significantly in 2024, Exxaro FD Riaan Koppeschaar reported on Tuesday, December 3. In a pre-close message for the financial year ending... 


An image showing the Barroso lithium project
Savannah secures potential $270m loan guarantee for Portugal lithium project
3rd December 2024 By: Tasneem Bulbulia

German export credit agency Euler Hermes has confirmed in a non-binding letter of interest the potential for a guarantee on a loan of up to $270-million for UK-headquartered Savannah Resources’... 


An image of Rio Tinto CEO Jakob Stausholm
Rio Tinto, Imperial College London launch centre to support global energy transition
3rd December 2024 By: Tasneem Bulbulia

Metals and mining corporation Rio Tinto and Imperial College London have launched the Rio Tinto Centre for Future Materials, as part of a programme aimed at accelerating the development of new... 


Greatland-Newmont deal to close this week
Greatland-Newmont deal to close this week
3rd December 2024 By: Mariaan Webb

London-listed Greatland Gold is set to close its acquisition of Newmont’s Telfer and Havieron assets this week, positioning the company to become a significant Australian gold and copper producer.... 


Stephen Pearce
South32 appoints Pearce and Msimang as directors
3rd December 2024 By: Creamer Media Reporter

Diversified miner South32 on Tuesday announced the appointment of two new independent non-executive directors, Stephen Pearce and Mandlesilo (Mandla) Msimang, to its board. Both appointees would... 


Minas Rio in Brazil
Anglo American integrates Vale’s Serpentina resource into Minas Rio
3rd December 2024 By: Mariaan Webb

Diversified miner Anglo American has completed the transaction to incorporate the Serpentina iron-ore resource into its Minas-Rio operation in Brazil, the company announced on Monday. The deal,... 


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